Atlantic Express Gets OK For 1st Wave Of Asset Sales

By Maria Chutchian

Law360, New York (December 16, 2013, 4:19 PM ET) -- School bus and charter bus operator Atlantic Express Transportation Corp. on Monday received approval from a New York bankruptcy court to sell a handful of assets but still has many moving parts to finalize as it slogs through a complex sale process that is complicated even more by students in need of bus service.